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Nov 28, 2012
11/12
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we said to the voters we will keep taxes low and not increase taxes. how dare anyone else keep us to the promises that got us ele elected. that the moment these people are are primed. they are going to be reaganites. the moment that they are challenged. >> i can tell you this. not one drop of revenue should be put on the table until we have massive across the board spending reductions and entitlement reform. that is what is missing. the gop should stand up and say not one drop of revenue until you show me good faith with the spending reduction you all talk about except when it comes time to do something about it. and step b is that the small business community should say not one pens penny until i know you are not going to screw me. >> a quiz. well the answer is coming up next. it is the energy boom that is the brightest spot in our dull and amenemic economy. does the republican party have a front-runner for 2016 could be. don't forget. free market capitalism. we are about to prove it again in 2:00 when the kudlow report comes right back. [ male announ
we said to the voters we will keep taxes low and not increase taxes. how dare anyone else keep us to the promises that got us ele elected. that the moment these people are are primed. they are going to be reaganites. the moment that they are challenged. >> i can tell you this. not one drop of revenue should be put on the table until we have massive across the board spending reductions and entitlement reform. that is what is missing. the gop should stand up and say not one drop of revenue...
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Nov 29, 2012
11/12
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KNTV
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but the federal government will want its cut, $90 million in taxes. not an immediate concern for the dreamers. >> today is the day. >> i want to give something to my grandchildren. >> for one, i would stop working. >> i would buy a house. >> i would give some to charity. >> reporter: this family won more than $200 million two months ago. this morning, on today, they had advice for the next winner. >> don't go out and get everything now, you will have time for all of that. just grow into the money. >> reporter: winning a lot of money can be difficult to handle. >> i just thought i would take a chance now, why not? >> reporter: even so it is a problem many wish they had. the lottery officials say there is a 75% chance there is a winner. but if not, tomorrow they will announce an even bigger jackpot. >> you never know, it may be the last time we ever see stephanie gosk reporting on powerball tonight. good luck, stephanie and thank you. >>> weather making the news tonight as viewers on the west coast are well aware they're getting ready for some heavy wea
but the federal government will want its cut, $90 million in taxes. not an immediate concern for the dreamers. >> today is the day. >> i want to give something to my grandchildren. >> for one, i would stop working. >> i would buy a house. >> i would give some to charity. >> reporter: this family won more than $200 million two months ago. this morning, on today, they had advice for the next winner. >> don't go out and get everything now, you will have...
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Nov 28, 2012
11/12
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KGO
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the stock market, $6 trillion in tax increases, $1.2 trillion in deep spending cuts. for the average middle class family, $2,200 in higher taxes. >> that would be a hard christmas holiday for all the members of congress to face if they do that. >> absolutely. >> okay, jake tapper, good to have you in new york. >> thank you. >>> and we head now to the middle east tonight to tahrir square the birthplace of the spring in egypt almost two years ago and once again egyptians are protesting this time trying to hold on to their democracy during a turbulent november. and abc's alex marquardt was on the scene in cairo today. >> reporter: the birthplace of egypt's revolution today once again ringing with calls for the downfall of a dictator. [ speaking a foreign language ] >> reporter: this time it's for this man, president mohammed morsi whom america relies on to be a regional peace broker. it has led to days of bloody clashes. the crowed is chanting erhal, or leave. these are many of the same chants we heard two years ago during the revolution, except that they've substituted
the stock market, $6 trillion in tax increases, $1.2 trillion in deep spending cuts. for the average middle class family, $2,200 in higher taxes. >> that would be a hard christmas holiday for all the members of congress to face if they do that. >> absolutely. >> okay, jake tapper, good to have you in new york. >> thank you. >>> and we head now to the middle east tonight to tahrir square the birthplace of the spring in egypt almost two years ago and once again...
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Nov 28, 2012
11/12
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FOXNEWSW
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you can raise taxes on the rich. what if you gets the revenue fund the government for less than a week. >> people don't realize, in the fight over funding, taxing the rich, it is not going to change our problem, at all. >> it does. it's a short-term, it sounds popular, politically, maybes. but it doesn't solve the problem. the american people want us to solve the problem, that requires presidential leadership. >> one quick question, we have a new member of the south dakota hall of fame, your father. that's some good news. good for your father. >> yeah, it is. he will be 93 next month. he had a great career, high school, college, a three-year starter at the university of min min -- university of minnesota. and a world war ii fighter pilot. he was out here a few years ago. >> that's always fun. we have to end on that good note. thank you. >> now the controversy over the benghazi attack. senate minority whip jon kyl going on the record saying it's a coverup. senator, nice to see you, sir. >> thank you. >> why do you thi
you can raise taxes on the rich. what if you gets the revenue fund the government for less than a week. >> people don't realize, in the fight over funding, taxing the rich, it is not going to change our problem, at all. >> it does. it's a short-term, it sounds popular, politically, maybes. but it doesn't solve the problem. the american people want us to solve the problem, that requires presidential leadership. >> one quick question, we have a new member of the south dakota...
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Nov 28, 2012
11/12
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friendly tax structure. ue ktah and iowa round occupy t top 5. california takes the top spot of worst run state for second year in a row now. they match debt rates and unemployment rates for that fall. california has one of th income tax burdens and according to the tax foundation it's the third worst business tax climate in the country. on the upside the report says the state is making progress with getting finances back on track. read island, arizona and new jersey round out the top worst run states. >>> good information there, diane. >>> thank you so much. 15 minutes before the hour. that's the rundown. if your mom is nagging you about getting married we determine if that mom of yours is normal or nuts. sometimes it is easy to spot a liar. >> it is a bit extreme. >> that's the thing nowadays. >> he said he would accent my facial features. >> it does. it accents your facial features. >> they say practice makes perfect especially when it comes to telling tall tales. speaking of that let's check in with bria
friendly tax structure. ue ktah and iowa round occupy t top 5. california takes the top spot of worst run state for second year in a row now. they match debt rates and unemployment rates for that fall. california has one of th income tax burdens and according to the tax foundation it's the third worst business tax climate in the country. on the upside the report says the state is making progress with getting finances back on track. read island, arizona and new jersey round out the top worst run...
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Nov 28, 2012
11/12
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KPIX
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a winner who opts for a one- time cash payout would get more than $300 million before taxes. the drawing is tonight so good luck. it's 4:58 right now. new uc chancellor got a $50,000 raise and governor jerry brown is not happy about it. how the regents defend it. >> and a capitol hill confrontation. ambassador susan rice trying to smooth things over with her biggest critics. >> powerful storms are rolling into the bay area. we are talking about heavy rain and strong winds. what you should do to prepare. ,, you oo ,,,,,,,,
a winner who opts for a one- time cash payout would get more than $300 million before taxes. the drawing is tonight so good luck. it's 4:58 right now. new uc chancellor got a $50,000 raise and governor jerry brown is not happy about it. how the regents defend it. >> and a capitol hill confrontation. ambassador susan rice trying to smooth things over with her biggest critics. >> powerful storms are rolling into the bay area. we are talking about heavy rain and strong winds. what you...
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Nov 26, 2012
11/12
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from taxes. but you are also right that there has to be transparency and there has to be accountability in terms of what is paid for. often we say, let's go and look at the kind of well-rounded education kids have and private schools. but the other thing is that public schools -- it is our moral obligation. what we're seeing is that kids have special needs, we have to pay more for education for kids the special needs. guest: president of the american federation of teachers. she was elected in july of 2008 following 11 years as a vice president. she has experience in the law and also teaches at clara barton high people in crown -- high school in crown heights. our next caller is keen on the democrat line. good morning. we actually have jim now from wisconsin, caller: indepen. caller: i would like to ask randi weingarten, first of all, she is from new york, if i remember. teachers to sit in classrooms and they do not have students -- they get paid. that is because of the unions. about an author who
from taxes. but you are also right that there has to be transparency and there has to be accountability in terms of what is paid for. often we say, let's go and look at the kind of well-rounded education kids have and private schools. but the other thing is that public schools -- it is our moral obligation. what we're seeing is that kids have special needs, we have to pay more for education for kids the special needs. guest: president of the american federation of teachers. she was elected in...
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Nov 28, 2012
11/12
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the problem isn't that we tax too little, we spend too much. >> greta: the democrats wanted the taxes to go on the rich, those over $250,000, and we still have the structural problem in that it doesn't solve the problems. it solves the problems for eight or nine days. do they say anything about that? >> no. if you raise taxes, they think you'll get more revenue, $68 billion, which actually funds the government for less than a week, but you give all that revenue back in the form of lower economic growth. i mean, you're going to lose growth in the economy. that's what generates more government revenue, is more economic growth. >> greta: even if you give them that money, still you only fund eight days. if you let them tax the rich, you still only have eight days, still have the same infrastructure and same sort of economic structure of our country unless we do something about it, we're cooked. >> right. we can't -- republicans cannot be for anything that doesn't involve entitlements. you've got to reform entitlement programs. that's got to be on the table. so far the president has been u
the problem isn't that we tax too little, we spend too much. >> greta: the democrats wanted the taxes to go on the rich, those over $250,000, and we still have the structural problem in that it doesn't solve the problems. it solves the problems for eight or nine days. do they say anything about that? >> no. if you raise taxes, they think you'll get more revenue, $68 billion, which actually funds the government for less than a week, but you give all that revenue back in the form of...
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Nov 28, 2012
11/12
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KPIX
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the federal government takes off 25% in taxes. then depending on where you live there's state and city taxes. if you don't see me in this seat tomorrow it's because i hit it. if you don't see me or ashley morrison tomorrow it's because we're halfway to a caribbean destination sipping on cocktails. ashley morrison has moneywatch this morning. am i telling the truth here? >> i would have two tickets to paradise so quickly. you have no idea, we would be out of here. good morning. lack of progress on fiscal cliff talks in the u.s. sent asian markets lower this morning. tokyo's nikkei loss more than 1% hitting a one week low while the hang seng fell half of a percent. the deficit reduction talks weighed on wall street. the dow lost 9 points while the nasdaq gave up 9 points. brick-and-mortar sales reported increased sales to kick off the holiday shopping season. home prices in most major american cities are on the rise. a survey showed prices rose 3% in september. the bangladesh garment factory where 112 people were killed produced clo
the federal government takes off 25% in taxes. then depending on where you live there's state and city taxes. if you don't see me in this seat tomorrow it's because i hit it. if you don't see me or ashley morrison tomorrow it's because we're halfway to a caribbean destination sipping on cocktails. ashley morrison has moneywatch this morning. am i telling the truth here? >> i would have two tickets to paradise so quickly. you have no idea, we would be out of here. good morning. lack of...
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Nov 26, 2012
11/12
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take the alternative minimum tax. if the inflation index isn't advanced for that and i believe republicans and democrats want to do it, 23 million middle class americans will have a 2,000 to 3,000 dollars tax increase on that alone. >> let me interrupt you for a second. i was making this point a little earlier when you start talking about these financial things, you know, the i don't want so say minutia but the more specifics of the negotiations and what the numbers mean and the two different sides will tell you that the numbers are different, it is kind of hard for the average person on who doesn't have an mba to figure out what's going on here. >>> john mccain is suggesting the republican party should focus on bigger issues and leave abortion alone. during an interview yesterday the senator said while he is proud of his pro-life position, there are bigger things to worry about like the economy and national security. police are admitting they missed a potentially key piece of evidence in the casey anthony murder inve
take the alternative minimum tax. if the inflation index isn't advanced for that and i believe republicans and democrats want to do it, 23 million middle class americans will have a 2,000 to 3,000 dollars tax increase on that alone. >> let me interrupt you for a second. i was making this point a little earlier when you start talking about these financial things, you know, the i don't want so say minutia but the more specifics of the negotiations and what the numbers mean and the two...
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Nov 27, 2012
11/12
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or raise their tax rates? today president obama meets with small business leaders continuing his push for higher taxes for the wealthy. a new white house economic report warns if tax breaks go away, the average middle-class family will owe uncle sam another $2,200 next year. >> it seems to be the thing that we can all agree on, that middle-class families should see an extension of these tax cuts. >> reporter: some prominent republicans who have been dead set against raising taxes on anyone now hint they may consider other options. >> we've been open to revenue by closing loopholes as long as it's tied to spending cuts and pro-growth tax reform that brudens the base and lowers rates. >> you don't raise rates, you just cap the amount of itemized deductions that taxpayers -- it hits the wealthy. >> reporter: the bottom line, republicans say americans borrowing too much money trying to keep medicare and social security afloat. lawmakers with the fix-the-debt coalition meet here tomorrow. >> there's going to come a
or raise their tax rates? today president obama meets with small business leaders continuing his push for higher taxes for the wealthy. a new white house economic report warns if tax breaks go away, the average middle-class family will owe uncle sam another $2,200 next year. >> it seems to be the thing that we can all agree on, that middle-class families should see an extension of these tax cuts. >> reporter: some prominent republicans who have been dead set against raising taxes on...
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Nov 24, 2012
11/12
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today, no one seems to want to pay taxes. no one wants to legislate taxes. people want something, they can purchase it and the state or federal government are both will benefit as a result. we are in a double parallel. >> one point of departure -- there is a key difference between a lot and marijuana. one has a certain cultural tradition that transcends a generation. marijuana perhaps not the same tradition. what lessons can we draw? but i think you're right. alcohol was an integral part of western culture for millennia before prohibition. certification indigenous peoples in this country, marijuana has been the same -- for certain indigenous peoples in this country, marijuana has been the same. there is a generational issue at play here. people who grew up with the presence of marijuana as being effective law -- a fact of life, it is different from what it was back in to the 1950's. >> what is interesting about drug law today is there is an errant -- under current taking place at the state level to legalize or relieved some of the criminal components, leadin
today, no one seems to want to pay taxes. no one wants to legislate taxes. people want something, they can purchase it and the state or federal government are both will benefit as a result. we are in a double parallel. >> one point of departure -- there is a key difference between a lot and marijuana. one has a certain cultural tradition that transcends a generation. marijuana perhaps not the same tradition. what lessons can we draw? but i think you're right. alcohol was an integral part...
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Nov 29, 2012
11/12
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CSPAN
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they like taxes? >> it's a pledge not to increase taxes. people say why don't you toughen it. you don't want to change it because it is a simple guardrail. it doesn't solve the world's problems, it says no net tax increase. >> in your mind when someone signs it, how long are they committed to it? >> in writing when the person signs it as long as you are a congressman or senator. >> you are signing this for life? >> unless you intend to be a congressman for all of your life. >> a career decision. >> if someone tells you they are pro-life or pro-choice, is this 18 months or a year? how long are you pro-choice? you are telling someone who you are. i'm the kind of guy who is pro- choice or pro-life. two people have brought that up. latourette who decided to leave congress he said yeah i made that promise a long time ago and i went into district and talked about banks and mortgage. mortgage, that was 20 years ago. you are still sending me letters. people make a commitment. it's an easy simple commitment an
they like taxes? >> it's a pledge not to increase taxes. people say why don't you toughen it. you don't want to change it because it is a simple guardrail. it doesn't solve the world's problems, it says no net tax increase. >> in your mind when someone signs it, how long are they committed to it? >> in writing when the person signs it as long as you are a congressman or senator. >> you are signing this for life? >> unless you intend to be a congressman for all of...
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Nov 27, 2012
11/12
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next is the payroll tax. if you make, say, $50,000 a year, that's another $1,000 that you're going to fork over to uncle sam. then there is the alternative minimum tax, 27 million will be hit with this for the first time ever. and it's a separate calculation from the regular tax, the average cost, $3,700 a year. then there's the spending cuts, pre-cliff, if you're unemployed, you get 99 weeks of benefits, post cliff, 26 weeks. and home interest perks, bye-bye, those could all be gone. bernie sanders, good to have you with me today. and the president is making a full-court press meeting with business leaders today. and i just had senator johnson on earlier in the hour and says he's a small business owner, the president would have been wise to invite him to this meeting to talk to him about what he thinks about what could happen with the fiscal cliff, what do you think about the president's pr moves so far and what he's doing? >> well, i wouldn't call it a pr move. i think what the president is doing is saying
next is the payroll tax. if you make, say, $50,000 a year, that's another $1,000 that you're going to fork over to uncle sam. then there is the alternative minimum tax, 27 million will be hit with this for the first time ever. and it's a separate calculation from the regular tax, the average cost, $3,700 a year. then there's the spending cuts, pre-cliff, if you're unemployed, you get 99 weeks of benefits, post cliff, 26 weeks. and home interest perks, bye-bye, those could all be gone. bernie...
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Nov 22, 2012
11/12
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then democrats come back in the early next year with middle class tax cut and restore the tax cuts for the middle class only. they leave that top 2% with their taxes up. that's smart politics. i think -- >> what about economically? >> i don't -- >> i want him to follow up on that, what you think would happen if joan's scenario played out. >> come on, jared. >> i think if it were clear to markets and clear to employers and all the other economic actors out there that a deal like joan described was in the offing, i think we would basically be fine. listen, the leverage is really important. joan has a point. the idea that income tax rates have to expire on the top 2% of households makes a ton of sense and a very important development here. it's bad for grover norquist but good for america and should be the end of asymmetrical tax policies where rates only go down, they never go up. that said, look, there may need to be some entitlements on the table. the president has already done so in his 2013 budget with medicare and medicaid. niece are cuts largely to providers. they don't affect bene
then democrats come back in the early next year with middle class tax cut and restore the tax cuts for the middle class only. they leave that top 2% with their taxes up. that's smart politics. i think -- >> what about economically? >> i don't -- >> i want him to follow up on that, what you think would happen if joan's scenario played out. >> come on, jared. >> i think if it were clear to markets and clear to employers and all the other economic actors out there...
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Nov 21, 2012
11/12
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their staking to their attitude, taxes, the works. the people who hate to lose are blaming the right. the people who hate the center almost just as much as the left are saying they're right and they're going to not budge an inch. this looks like a fight with legs and not a bad spectator sport for progressives as that pony yan once said, never interrupt your enemy when he's making a mistake. robert trainer and erin pikz. this should be an interesting match-up, you two. let's talk about this situation. i want to show you a tape from deny senior on "morning joe," a foreign adviser to mitt romney. he took on mitt romney critics have been filing on him. >> tens of thousands of people, you could hear the top ten surrogates at the event. i'm backstage with some of them, i won't mention their names but talking about romney like he's reagan. you know, the debate performances were the best debate performance of any republican nominee in presidential history. this guy was iconic. they were talking about him, because they believed he was going to
their staking to their attitude, taxes, the works. the people who hate to lose are blaming the right. the people who hate the center almost just as much as the left are saying they're right and they're going to not budge an inch. this looks like a fight with legs and not a bad spectator sport for progressives as that pony yan once said, never interrupt your enemy when he's making a mistake. robert trainer and erin pikz. this should be an interesting match-up, you two. let's talk about this...
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Nov 27, 2012
11/12
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some republican lawmakers say they're now willing to defy party politics and cut a deal on taxes. if congress doesn't act, $650 million of spending and tax increases will take place on january 1st. but there's fresh hope in washington that republicans and democrats can strike a deal. >> the world has changed. >> reporter: the biggest obstacle is a pledge of no tax increases of virtually any kind that every republican has signed. but with fiscal calamity on the horizon, some gop lawmakers have changed their tune. >> i will violate the pledge, long story short, for the good of the country. >> reporter: defying the pledge would buck 20 years of republican orthodoxy. this is the man behind the pledge. he's gotten thousands of republicans to sign the pledge, in exchange for help getting elected. the lawmakers open to breaking the pledge say they will do so by closing loophole, not raising taxes, putting them at odds with president obama, who was re-elected by pledging to let tax cuts expire for the wealthiest americans. >> the president has made clear that he will not sign a bill that
some republican lawmakers say they're now willing to defy party politics and cut a deal on taxes. if congress doesn't act, $650 million of spending and tax increases will take place on january 1st. but there's fresh hope in washington that republicans and democrats can strike a deal. >> the world has changed. >> reporter: the biggest obstacle is a pledge of no tax increases of virtually any kind that every republican has signed. but with fiscal calamity on the horizon, some gop...
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Nov 27, 2012
11/12
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CSPAN
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by letting it expire and than any tax change to reduce taxes will be a tax cut, we will be glad to sign it. all of the super rich people who are now going to face the state tax on anything over $1 billion will be screening of their shoulders, the thing it. and rear not point to have $200 billion less in spending if after january 1 we sign a new tax bill. the fact that obama is administration is to make it sound like he is averting a catastrophe over the post 2013 -- it is an insult to people who know what is going on. host: if you think that -- do you think the president is not holding from one democratic beliefs? calving i really do not know. i just found out that ed rendell is supposedly a little type of democrat. he is one -- on one of these teams trying to figure out entitlements. this is a simple equation. we have about $800 billion more than necessary in spending. we have $800 billion more in spending that goes into the pockets of those who run unnecessary tests, insurance companies and pharmaceutical companies. and if we relocate the like most of the rational world by civil natio
by letting it expire and than any tax change to reduce taxes will be a tax cut, we will be glad to sign it. all of the super rich people who are now going to face the state tax on anything over $1 billion will be screening of their shoulders, the thing it. and rear not point to have $200 billion less in spending if after january 1 we sign a new tax bill. the fact that obama is administration is to make it sound like he is averting a catastrophe over the post 2013 -- it is an insult to people...
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Nov 29, 2012
11/12
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taxes by one means or another. so i certainly agree with him on that. and i believe the president has a high degree of resolve about that, too. so i'm all for that. >> the book is "tap dancing to work warren buffett on practically everything" the oracle of omaha. we appreciate you're coming on today. look forward to seeing you soon. >> thank you for having me. >>> two nfl players leaving lucative contracts behind in search of something higher, their story next on "andrea mitchell reports." a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. mu
taxes by one means or another. so i certainly agree with him on that. and i believe the president has a high degree of resolve about that, too. so i'm all for that. >> the book is "tap dancing to work warren buffett on practically everything" the oracle of omaha. we appreciate you're coming on today. look forward to seeing you soon. >> thank you for having me. >>> two nfl players leaving lucative contracts behind in search of something higher, their story next on...
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Nov 28, 2012
11/12
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CNNW
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we know an increase in the marginal tax rates, that's a tax increase. but what about capping deductions? from your standpoint of the pledge, would that be considered a violation of the pledge to cap deductions, as some republican lawmakers are now suggesting? >> this is not a trick question. the pledge says no raising rates, no broadening the base unless rates come down dollar for dollar. the pledge is only two sentences but they are very clear. one of the reasons why eliminating deductions and credits, obama wants a trillion plus dollars worth of tax increase that way, is that if you do that, you've just got a tax reform for decades to come, because how do you reduce marginal tax rates so we can become competitive in the world on the corporate and the individual side, if you have already given away to the appropriators and spenders all the deductions and credits. >> one final question, grover. it seems some liberals out there want to make this personal. more and more about you, about your role in encouraging these republicans by and large to support th
we know an increase in the marginal tax rates, that's a tax increase. but what about capping deductions? from your standpoint of the pledge, would that be considered a violation of the pledge to cap deductions, as some republican lawmakers are now suggesting? >> this is not a trick question. the pledge says no raising rates, no broadening the base unless rates come down dollar for dollar. the pledge is only two sentences but they are very clear. one of the reasons why eliminating...
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Nov 28, 2012
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and make them pay more taxes. how $250,000 got to the point where that's the, quote, middle class is beyond my comprehens n comprehension. 100 would have been more appropriate for more real live people. he's going to get that. hopefully he can do it without doing rate increases, which are going to cost. anybody who is, quote, rich shouldn't mind paying more taxes. i don't understand that at all. and i don't understand that somebody, if you let them earn more money is going to use it to hire people. they may likely buy another kind of rig or a toy or something like that. i don't know. but all i know is one thing, you can't cut -- you can't cut spending away out of this hole, you can't tax your way out of this hole and you can't grow your way out of this hole. you have to have everything. have to have it. >> well, grover norquist was at a political playbook breakfast with mike allen, we'll talk to mike in a few moments, here's norquist talking about what he calls impure thoughts. i think that has something to do wit
and make them pay more taxes. how $250,000 got to the point where that's the, quote, middle class is beyond my comprehens n comprehension. 100 would have been more appropriate for more real live people. he's going to get that. hopefully he can do it without doing rate increases, which are going to cost. anybody who is, quote, rich shouldn't mind paying more taxes. i don't understand that at all. and i don't understand that somebody, if you let them earn more money is going to use it to hire...
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Nov 27, 2012
11/12
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CSPAN2
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everyone here agrees with very limited exception that we should extend tax rates, keep the tax rates the same for about 98% of the american people. there's broad agreement on that. now, some on the other side don't want to -- don't have to have a -- a conclusion to that because they -- they want to have a debate about what happens to the wealthiest among us, the very top income earners, roughly about 2% of income earners. but, look, we -- we have agreement on the other 98%. so what i would say is whatever it takes to give meaning or integrity to the vote we had here in the senate to -- to get an agreement here but also to encourage the house to vote to say, let's give middle-income families the certainty they deserve. let's just say that we're going to agree, democrats and republicans, that 98% of taxpayers across the country are going to have their tax rates continued. then we can have a big debate after that about what happens to the wealthiest among us. i think it makes sense, at a time of high deficits and a -- and a debt problem that -- that will confront us for years, that we h
everyone here agrees with very limited exception that we should extend tax rates, keep the tax rates the same for about 98% of the american people. there's broad agreement on that. now, some on the other side don't want to -- don't have to have a -- a conclusion to that because they -- they want to have a debate about what happens to the wealthiest among us, the very top income earners, roughly about 2% of income earners. but, look, we -- we have agreement on the other 98%. so what i would say...
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Nov 28, 2012
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those making less than $250,000 a year, no tax increase for them. we can do it either through the rates or through the deductions in the code, you've given a good illustration. >> and what do you think about that senator warren. durbin making it clear he's -- there's a lot of different ways to get there. would you consider that? ways to raise money from the wealthy without raising rates? >> there are ways to get there. but i think a lot of this goes back to where you start the whole discussion from. you know, those of us who have worked on this for a long time, the simpson/bowles plan, which has gained a lot of attention, even our gang of six efforts, which we think improved upon the plan. we started with the rates going back up, you use that baseline and then you work down. you can then use some of these tax reform ideas to bring the rates back down, but you basically, we need, you know, on a ten year basis, more than $1 trillion of net new revenue as we think about some of the additional cuts we're going to have to make and some of the reforms to
those making less than $250,000 a year, no tax increase for them. we can do it either through the rates or through the deductions in the code, you've given a good illustration. >> and what do you think about that senator warren. durbin making it clear he's -- there's a lot of different ways to get there. would you consider that? ways to raise money from the wealthy without raising rates? >> there are ways to get there. but i think a lot of this goes back to where you start the whole...
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Nov 28, 2012
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some republicans have said they are willing to consider some tax hikes. but they are insisting on larger budget cuts to benefit programs which democrats oppose. if all sides can't agree by january 1, automatic tax hikes and budget cuts kick in. >> let's turn off the election and solve the problems. >> rich will have to solve our financial problems. >> president obama is trying to generate public support for his ideas. he will meet with corporate executives at the white house. then travel to pennsylvania on friday to push for higher taxes for the wealthy. >>> time now 6:41. a tv actor on a tirade. now a sudden apology from one of the stars of "two and a half men." >> a little damage control. >> plus, mother nature putting on quite the show. some dramatic video from a volcano in hawaii. >> the market just opened about 10 minutes ago. let's check the early numbers. so far not looking too good. coming up an update from kcbs moneywatch reporter jason brooks. ♪ ♪ ♪ ♪ [ female announcer ] may your holidays be merry and bright. magna high school students
some republicans have said they are willing to consider some tax hikes. but they are insisting on larger budget cuts to benefit programs which democrats oppose. if all sides can't agree by january 1, automatic tax hikes and budget cuts kick in. >> let's turn off the election and solve the problems. >> rich will have to solve our financial problems. >> president obama is trying to generate public support for his ideas. he will meet with corporate executives at the white house....
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Nov 27, 2012
11/12
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norquist is offering a reminder to republicans in congress who are thinking about breaking their anti-tax pledge in order to reach a deal. >> we could ask president bush, george herbert walker bush, how his second term went after he broke his pledge. did he damage the pledge, or did by breaking his pledge, he lost a second term for the presidency because he had not kept his word with the american people? >> at some point they need to let him go. >>> new york governor andrew cuomo is making his case for federal aid in the aftermath of hurricane sandy. governor cuomo said the storm could cost the state nearly $42 billion, and new yorkers would need federal help footing the bill. while acknowledging that more people died during hurricane katrina in 2005, the governor said that sandy's damage was actually more widespread. >> when you look at the number of homes and businesses affected, this storm affected many, many more people in places than katrina. and arguably, therefore, this created more housing and economic damage than katrina. >>> new jersey which suffered massive damage to its transi
norquist is offering a reminder to republicans in congress who are thinking about breaking their anti-tax pledge in order to reach a deal. >> we could ask president bush, george herbert walker bush, how his second term went after he broke his pledge. did he damage the pledge, or did by breaking his pledge, he lost a second term for the presidency because he had not kept his word with the american people? >> at some point they need to let him go. >>> new york governor andrew...
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Nov 25, 2012
11/12
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there were tax cuts for the rich and tax cuts for the middle class. we want to give the middle class a shot for success as the economy is recovering. the gap between rich and poor in this country has never been greater. we need to find ways to create more balanced. we are fighting to say, less than have -- let's go back to the tax rate we had in the clinton era. when you are talking about marginal tax rates for those who are making above $250,000 -- the bottom line in california is not about pensions. california has passed do revenue from the recent election to try to get money back into schools. you are right that in a public education system, parents should not be asked to subsidize each and every day. that is what is happening in lots of places. i have seen across the country how parents are being axed. it would be better -- i have seen across the country how parents are being asked. there has to be transparency and there has to be accountability in terms of what the money is used for. thes go in and looked at well-rounded education kids have in pr
there were tax cuts for the rich and tax cuts for the middle class. we want to give the middle class a shot for success as the economy is recovering. the gap between rich and poor in this country has never been greater. we need to find ways to create more balanced. we are fighting to say, less than have -- let's go back to the tax rate we had in the clinton era. when you are talking about marginal tax rates for those who are making above $250,000 -- the bottom line in california is not about...
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Nov 26, 2012
11/12
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its taxes for everybody. you cannot bring down the debt with a $5 trillion in your accumulated over the last four years to pay it down. you need structure readjustment with the entitlements, also, with social security, medicare, medicaid, also, and, also, the tax reform. the republicans have talked about revenue coming in from growth jobs and getting the economy going. when you get the economy going, you get more money coming into the irs and treasury/ when more americans are at work, they are paying. i don't believe it -- it is , woodymr. norquist said, it is a pledge to the people. some of those senators wanting to raise -- wanting not to raise taxes, that pledge, they knew what would happen to them, they would get run out of state. first i want to see president obama's cards on the table. host: jerry is up next in st. charles, missouri. good morning. caller: one of the things i would like to talk about is the waste in government. i see it continuously in ads on. on a completely off as far as a meter for yo
its taxes for everybody. you cannot bring down the debt with a $5 trillion in your accumulated over the last four years to pay it down. you need structure readjustment with the entitlements, also, with social security, medicare, medicaid, also, and, also, the tax reform. the republicans have talked about revenue coming in from growth jobs and getting the economy going. when you get the economy going, you get more money coming into the irs and treasury/ when more americans are at work, they are...
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Nov 29, 2012
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then personal income taxes. then taxes on consumption, and taxes on property. most of these find that taxes on consumption -- the closest thing we have on the federal level is the payroll tax -- would have no direct tax on consumption like every other country in the oecd. that is a consumption tax. many economists and they oecd find that those taxes have no relationship with economic growth. it is the taxes it -- it is not the taxes on consumption that hard economic growth. host: this is part of a continuing series on "washington journal" focusing on a fiscal cliff. our conversation has broadened. to bring it back to the payroll tax cut and remind you it was enacted in december of 2010, designed to temporarily boost the economy and reduce the tax to% from 6.2% to 4.2% and increased take-home pay about an average of $1,000 to $1,800 per worker. it expires at the end of the year, rates will revert back to 6.2%. if you make $35,000 or so, that will be an extra $700 in taxes. the $2,000, an extra thousand dollars. 75,000, $1,500. finally, $110,000, the upper limit
then personal income taxes. then taxes on consumption, and taxes on property. most of these find that taxes on consumption -- the closest thing we have on the federal level is the payroll tax -- would have no direct tax on consumption like every other country in the oecd. that is a consumption tax. many economists and they oecd find that those taxes have no relationship with economic growth. it is the taxes it -- it is not the taxes on consumption that hard economic growth. host: this is part...
SFGTV2: San Francisco Government Television
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Nov 26, 2012
11/12
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a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know you're coming to herminie. woman: the aroma in 90-degree days... can sometimes just want to knock you over. woman: we have water. we have power, we have gas, but we have no sewage. i guess when they laid out the town years ago, it just all went into the pipes and straight into the "crick." sabljak: i've lived here 43 years in the same house. when i moved here, they told us that sewage would be here shortly. and here it is 43 years later and we still don't have it. my husband and i went to the first meeting. he always said, "boy, i'll never see it in my lifetime." well... my
a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know...
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Nov 27, 2012
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they talk about taxes on national television. i know pornography when i see it. norquist made it very clear that any republican who signed the pledge, that's pretty much every republican in congress, who now balks, is someone whose career is over. to me, that meant the defectors are far and few between. as a moderate leadership cannot deliver those pledged to the norquist hardline. norquist who seems to welcome a bust on the wall of shame, used to beg for it, is more powerful than speaker john boehner. norquist is more powerful than boehner. it feels as if the air went out of the compromise zeppelin. hey, like the graph zeppelin, like, lakehurst. retail, now we're hearing that there wasn't as much follow-through to the initial sales from thursday night. i think it's nonsense, but macy's and costco, vf, coach and ralph lauren were tagged with huge losses today. i believe the holiday sales are flat-out strong. amazing numbers from apple, like a rocket since it hit the 505 level last week. terrific ipad mini sales. wasn't that a pro
they talk about taxes on national television. i know pornography when i see it. norquist made it very clear that any republican who signed the pledge, that's pretty much every republican in congress, who now balks, is someone whose career is over. to me, that meant the defectors are far and few between. as a moderate leadership cannot deliver those pledged to the norquist hardline. norquist who seems to welcome a bust on the wall of shame, used to beg for it, is more powerful than speaker john...
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Nov 23, 2012
11/12
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FOXNEWSW
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raising tax rates. i think raising tax rates a bit will be okay for the overall marketplace and stock marketplace. but if you raise tax rates too much, i think we can have severe problems with the private sector not want to go hire because they are insure about what their tax bill is going to be at the end of 2013. without any clarity they will back off hiring. rick: the fed chair says make a deal here and the economy looks to be in good shape. so this is the concerns. if no deal is struck we know what happens. we jump off the cliff. if a deal is struck, something everybody can feel relatively good about even though everybody will feel pain, what could that mean for the overall economy? >> i think if there is a reasonable deal struck for the overall economy. then we also -- you have got to keep in mind we have a credit rating in this country that has been hurt and if a deal is not met, then our credit rating could be hurt as well. so i think if a deal is met we have -- i think it will be temporary in na
raising tax rates. i think raising tax rates a bit will be okay for the overall marketplace and stock marketplace. but if you raise tax rates too much, i think we can have severe problems with the private sector not want to go hire because they are insure about what their tax bill is going to be at the end of 2013. without any clarity they will back off hiring. rick: the fed chair says make a deal here and the economy looks to be in good shape. so this is the concerns. if no deal is struck we...
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Nov 28, 2012
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tax cuts. fiscal cliffs. >> that's 5-month-old mace john jackson and tax hikes and now the president and dan lothian from the white house, how is the president handling this? he's probably not doing as much laughing. >> reporter: what you saw today is the president bringing in americans. he says they will be impacted if the middle class tax cuts are not extending. they sent a message out there to republicans saying that they need to come on board and support this effort. republicans pushing back thinking that they don't think the upper income americans should see their taxes go up. what the president said to those who were here and those watching, put pressure on their lawmakers to support pushing out the bush era tax cuts for just middle class americans, not just through this effort but to text, to call, to send a fax, even twitter and the white house coming up with y2k referring to the amount of average middle class families would see their taxes go up by the white house says, $2200. so the p
tax cuts. fiscal cliffs. >> that's 5-month-old mace john jackson and tax hikes and now the president and dan lothian from the white house, how is the president handling this? he's probably not doing as much laughing. >> reporter: what you saw today is the president bringing in americans. he says they will be impacted if the middle class tax cuts are not extending. they sent a message out there to republicans saying that they need to come on board and support this effort. republicans...
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Nov 26, 2012
11/12
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the cuts, the tax hikes? >> usually i wake up about 3:00 in the morning and i wonder where are we going to balance the budget, first off with the economy as it is right now, it is just slowly increasing. we have a pension crisis just like every other state just about has a pension crisis. liz: you have had success. i want our viewers to know you have balanced -- balanced two previous budgets if not more, you have closed deficit holes of more than 4 billion dollars. you have had success. >> we went from a 4.2 billion dollars deficit to two one time budgets with no tax increases. but we have pensions that are eating up a good portion of the budget that we're going to have to address. if all of a sudden this federal money that has been coming to the state and going down to the local communities is cut off, we're going to have to sit back and say what services can we provide and what services are going to disappear? but what concerns me more is the unemployment that it's going to create. i think the cbo has said
the cuts, the tax hikes? >> usually i wake up about 3:00 in the morning and i wonder where are we going to balance the budget, first off with the economy as it is right now, it is just slowly increasing. we have a pension crisis just like every other state just about has a pension crisis. liz: you have had success. i want our viewers to know you have balanced -- balanced two previous budgets if not more, you have closed deficit holes of more than 4 billion dollars. you have had success....
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Nov 24, 2012
11/12
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taxes, not your sales taxes or excise taxes. no tax increases. in 2010, august 8, starting in grand junction, colorado, he started to say and repeated verbatim again and again, my plan is that if you earn less than $250,000, i will not raise your income taxes next year. two changes in his promise that did not get talked about on cbs, nbc, cnn, or any of the networks. he just announced that he can do an energy tax tomorrow and not have broken his word. an energy tax, wacking the middle class. he could raise income taxes on people a year from now. which is why what he wanted to do is kick out the bush rates for those making less $250,000 a year. this is where you talk about the dual mandate. we are talking about marginal tax rates, higher income people and successful small businesses. that raises $400 billion -- there are other taxes, in addition to the rate increases he wants to include. over a decade. he has $800 billion he plans to raise from higher income people. the size of the debt -- if he gets that, in his budget, assuming
taxes, not your sales taxes or excise taxes. no tax increases. in 2010, august 8, starting in grand junction, colorado, he started to say and repeated verbatim again and again, my plan is that if you earn less than $250,000, i will not raise your income taxes next year. two changes in his promise that did not get talked about on cbs, nbc, cnn, or any of the networks. he just announced that he can do an energy tax tomorrow and not have broken his word. an energy tax, wacking the middle class. he...
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Nov 22, 2012
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CURRENT
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payers get $100 of our money back, of our tax money that has gone to the government. that we be allowed to use that by designated it to any candidate or any political party or committee. that raise as great deal of money that does not come from lobbyists, that doesn't come from the one-third of the one percent but comes from the rest of the country. we believe that that is something that americans will be excited about because it gives them skin in the game. >> we've heard a lot of solutions today. obviously the best one is mine. what we need is a constitutional amendment to clean up our politics. we got to get money out of those politics because it is buying our politicians. of course there are different ways to get at that amendment. i think the convention is the best way. but i want everybody fighting with all their different ways and different ideas to make sure that we end the corruption. >> michael: i think trevor potter's voucher idea sounds cool. if you like cenk's idea, go to www.wolf-pac.com. when we come back i have a special report about how they're still
payers get $100 of our money back, of our tax money that has gone to the government. that we be allowed to use that by designated it to any candidate or any political party or committee. that raise as great deal of money that does not come from lobbyists, that doesn't come from the one-third of the one percent but comes from the rest of the country. we believe that that is something that americans will be excited about because it gives them skin in the game. >> we've heard a lot of...
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Nov 24, 2012
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there is a tax called the estate tax. we call it the death tax. a lot of seniors are impacted by that. we are keeping an eye on that and we will be watching closely in the lame duck session. many things impacting seniors. clearly, high cost of energy, high taxes, medicare as we know it needs to be fixed. host: we are talking about the economy and older americans, particularly health care, with jim martin. if you would like to get involved, by all means give us a call. if you also want to get in touch with us with social media, twitter is @cspanwj. before we get to the first call , tell us exactly what is the 60 plus association. you for asking that. i started this 20 years ago. quite frankly, i have been in this town almost 50 years coming here as a newspaper reporter when john f. kennedy was in the white house. little did i know that most seniors in the 50 states, the older we get, the little more moderate we get. i found out that the aarp comes from a fairly liberal viewpoint. i started 60 plus association as a counter. we have about 7 million s
there is a tax called the estate tax. we call it the death tax. a lot of seniors are impacted by that. we are keeping an eye on that and we will be watching closely in the lame duck session. many things impacting seniors. clearly, high cost of energy, high taxes, medicare as we know it needs to be fixed. host: we are talking about the economy and older americans, particularly health care, with jim martin. if you would like to get involved, by all means give us a call. if you also want to get in...
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Nov 27, 2012
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we raised payroll taxes, and we indirectly taxed social security benefits. we bought more than 50 years of solvency. today, untouched, it will make every promised payment for 22 years. you cannot say that about much in washington, but social security can. it has not added one penny to the deficit. for those who say there is a good reason to push it off the table and we brought another day, i would add a note of caution. small changes made today in social security will play out over the long run it to buy solvency for a long time. i think we should take social security off the table for the current fiscal cliff but be very honest about what we're going to achieve in the near term. i think we should create the equivalent of the simpson- bowles commission for social security and give them eight months to a year to come up with a planned to buy us 75 years of solvency for social security. then bring it to the floor for a vote and allow any bipartisan group who can come up with a credible plan that meets the same goal to offer their own to be voted on in the sena
we raised payroll taxes, and we indirectly taxed social security benefits. we bought more than 50 years of solvency. today, untouched, it will make every promised payment for 22 years. you cannot say that about much in washington, but social security can. it has not added one penny to the deficit. for those who say there is a good reason to push it off the table and we brought another day, i would add a note of caution. small changes made today in social security will play out over the long run...
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Nov 28, 2012
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no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> i am so psyched about this. the long-awaited prequel to "the lord of the rings" trilogy premie premiered in new zealand today. here is a preview of what people saw. >> promise that i won't ever come back. >> no. and if you do, you will not be the same. >> awesome. the capital of new zealand was transformed into middle earth. take a look at the giant sculpture of gollam at the airport in wellington. that's just the beginning of the hype and fanfare over this movie. a.j. hammer is in new york. i love that gollum in the airport. >> new zealand has gone crazy for "the hobbit." tens of thousands of kiwis were on hand. they're all celebrating the hometown premiere in wellington, new ze
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> i am so psyched about this. the long-awaited prequel to "the lord of the...
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Nov 21, 2012
11/12
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just talk about taxes. the objective of holding the line or lowering taxes is ultimately supposed to contain or reduce the size of the government. do you feel closer or further from that goal today? >> much closer. one is the tea party and the other is the right and budget. up until the tea party, i would have been here and told you obama is going to spend too much money and you can't get the american people upset about spending too much. you have to wait until it becomes a tax increase that's why the protection pledge was i think the best defense against the government. the same misreading of his mandate that he's doing now so when some of us suggested the misreading of the mandate he did it for years ago. he threw away the approval rating to spend the stimulus package written on all this other stuff, massive debt and spending and you had a million people go to the streets around august, april 15th. he had only just showed up and started spending crazily. tarp ii me and you then have a reaction from the mo
just talk about taxes. the objective of holding the line or lowering taxes is ultimately supposed to contain or reduce the size of the government. do you feel closer or further from that goal today? >> much closer. one is the tea party and the other is the right and budget. up until the tea party, i would have been here and told you obama is going to spend too much money and you can't get the american people upset about spending too much. you have to wait until it becomes a tax increase...
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Nov 29, 2012
11/12
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we can raise tax revenue by simplifying the tax code, not increasing tax rates. we can address wasteful government spending that jeopardize an hour commitments in the national defense and protecting our most honorable. we can jump-start our economy by assuring americans that congress and the president can work together to get the job done and deal courageously with the pressing problems of today. when it comes to the fiscal cliff, the president and congress will either fail together or we will succeed together. there is nothing in between. i am confident that we can pass the test and do what is good and right for the american people. >> the president has been talking a lot about taxes lately, and as acpa who practiced for years and a member of ways and means committee, there is no one who likes to talk about tax more than i do. but let's be honest -- talking about taxes is not going to solve the problem that america faces. we have to turn to the spending side of the ledger. furthermore, his tax proposal will kill about 700,000 jobs and do harm to the economy, aga
we can raise tax revenue by simplifying the tax code, not increasing tax rates. we can address wasteful government spending that jeopardize an hour commitments in the national defense and protecting our most honorable. we can jump-start our economy by assuring americans that congress and the president can work together to get the job done and deal courageously with the pressing problems of today. when it comes to the fiscal cliff, the president and congress will either fail together or we will...
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Nov 25, 2012
11/12
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either real tax rates or effective tax rates. secondly, we've got to close some significant loopholes, for instance, the ones that allow for too many corporations to avoid paying taxes by moving revenues overseas. >> mike is at the white house. did it sound to you like they are ready to make compromises? >> reporter: there's so much there to listen to and, alec, i know people hate to hear this, but you really have to look closely at what they are saying. as the fiscal cliff negotiations are set to make, peter king, we'll hear from him in a moment, say that they are willing to forego, to break the ledge that they made, the famous pledge that this individual that grover norquist talks about, that republicans made that they will not raise taxes. there's two parts. they won't raise tax rates or tax revenues by any means necessary. lindsey graham says he will willing to doll that by simplifying the tax code. that's one path to compromise that we will see. what they don't agree upon yet is raising that top rate, that 35% rate right now
either real tax rates or effective tax rates. secondly, we've got to close some significant loopholes, for instance, the ones that allow for too many corporations to avoid paying taxes by moving revenues overseas. >> mike is at the white house. did it sound to you like they are ready to make compromises? >> reporter: there's so much there to listen to and, alec, i know people hate to hear this, but you really have to look closely at what they are saying. as the fiscal cliff...
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Nov 27, 2012
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we need to have tax reform. we have to have the people who have done so well during this difficult time we have had with the economy. the richest of the rich will have to pay a little bit more to solve the financial problems we have in this country. [inaudible] >> right after the senate majority leader harry reid spoke, republican leaders held their own briefing and ways to find a deal and criticized leader reid's plan. this is 15 minutes. >> good afternoon, everyone. as we head into the fiscal cliff negotiations, my advice to the president would be -- seems like our friends on the other side are having difficulty turning off the campaign. we need to sit down and work this matter out. i think we have a clear sense and opportunity here at the end of the year to do something important for the country. we all know that the most critical steps to be taken are to save the entitlements, which are on an unsustainable path to bankruptcy. there's no better time to begin to fix that problem than right now. so i would hope
we need to have tax reform. we have to have the people who have done so well during this difficult time we have had with the economy. the richest of the rich will have to pay a little bit more to solve the financial problems we have in this country. [inaudible] >> right after the senate majority leader harry reid spoke, republican leaders held their own briefing and ways to find a deal and criticized leader reid's plan. this is 15 minutes. >> good afternoon, everyone. as we head...
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Nov 27, 2012
11/12
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europe is raising taxes. japan is raising taxes and it is a disaster. we don't need a weak economy being burdened with this type of stuff. bill: steve forbes. thank you. got a question at home. hemmer at foxnews.com. twitter at bill hemmer. bya, because you asked. as he pointed out there are so many issues to tackle how do you get it done in 35 days? martha: look to europe and japan where they raised taxes. doesn't seem to be helping them. chris van hollen is coming up and what he thinks about all that as we try to avoid the fiscal cliff just days away. republican republicans are willing to talk tax reform but will democrats budge on issue of entitlements. we'll talk to chris van hollen. is that snow on the capitol dome? bill: i think you're right. martha: a little bit of snow, or a funky monitor. this fisherman was stranded at sea. how a small piece of plastic helped to save his life. bill: so the fisherman survives a harrowing ordeal at sea with help of one simple piece of plastic. rescuers pulling the man from the water off-key biscayne in florida af
europe is raising taxes. japan is raising taxes and it is a disaster. we don't need a weak economy being burdened with this type of stuff. bill: steve forbes. thank you. got a question at home. hemmer at foxnews.com. twitter at bill hemmer. bya, because you asked. as he pointed out there are so many issues to tackle how do you get it done in 35 days? martha: look to europe and japan where they raised taxes. doesn't seem to be helping them. chris van hollen is coming up and what he thinks about...
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Nov 22, 2012
11/12
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your tax refund ask at risk. >>> vanished. two florida men last seen with the same sheriff's deputy. >> do you have any hope your son is still alive? >> i don't believe terrance is alive. at this point, i have to find out what happened to him. >> the mystery surrounding two missing men. revealing investigations. fascinating characters. stories with impact. this is "cnn presents" with your host tonight, randi kaye and drew griffin. >> tonight, bizarre crimes of baffling stories of whodunit and a scam targeting your paycheck and mysterious case of two men in florida who simply vanished. >> we begin on a blistering summer day in erie, pennsylvania. by the time the sun had set, one of the most bizarre bank robberies in the annals of the fbi had been committed. a man described by his family as the salt of the earth was dead, and a mystery full of strange twists was about to unfold with this phone call to 911. >> 911. what's your emergency? >> yes. we've just been robbed. >> is anyone hurt? >> no. he just walked out the door. >> aug
your tax refund ask at risk. >>> vanished. two florida men last seen with the same sheriff's deputy. >> do you have any hope your son is still alive? >> i don't believe terrance is alive. at this point, i have to find out what happened to him. >> the mystery surrounding two missing men. revealing investigations. fascinating characters. stories with impact. this is "cnn presents" with your host tonight, randi kaye and drew griffin. >> tonight, bizarre...
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Nov 25, 2012
11/12
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tax rates. second, though, we have to close some significant loopholes. >> republican senator graham is okay with new revenue and willing to cap deductions but only if democrats agree to reform entitlements such as social security and medicare. >> i don't expect the democrats to go for premium support or voucher plan but i do expect them to adjust the entitlement programs before necessity bankrupt the country. >> some entitlement reform is okay with illinois democratic senator durbin but he thinks social security should be last alone. >> social security does not add one penny to our debt. it is a separate funded operation and we can do things and i believe we should, now, played out long term that gives it solvency. >>peter: congressman king says no one will get what he wants but in president reagan and thomas "tip" o'neill could make a deal, so, too, should speaker boehner and president obama. >>gregg: and now the top people responsible for our defense, first, general petraeus resigning as head
tax rates. second, though, we have to close some significant loopholes. >> republican senator graham is okay with new revenue and willing to cap deductions but only if democrats agree to reform entitlements such as social security and medicare. >> i don't expect the democrats to go for premium support or voucher plan but i do expect them to adjust the entitlement programs before necessity bankrupt the country. >> some entitlement reform is okay with illinois democratic senator...
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Nov 21, 2012
11/12
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they would reject $10 of spending cuts for every $1 of tax increases. why? because they didn't want to face condemnation from the media hosts you're now addressing the following day. >> and it's just like -- i'll say this again. they used to say -- i won't use the bad word, but the old days in the south, you couldn't win unless you were the furthest out of the most segregationist line. if anybody went soft on the race issue, even slightly on civil rights, you were finished. the only way you won was go hard right and become the ultimate segregationist, and that held the south back for decades. anyway, thank you, michael and ron reagan. have a nice holiday. >>> up next, the best and worst campaign commercials of the 2012 campaign coming up. it's kind of interesting. forgot a lot of these. this is "hardball," the place for politics. [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i
they would reject $10 of spending cuts for every $1 of tax increases. why? because they didn't want to face condemnation from the media hosts you're now addressing the following day. >> and it's just like -- i'll say this again. they used to say -- i won't use the bad word, but the old days in the south, you couldn't win unless you were the furthest out of the most segregationist line. if anybody went soft on the race issue, even slightly on civil rights, you were finished. the only way...